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When Big Banks Retreat Small Banks Rush In: Many community bankers expect to increase single-family lending in 2008, according to an American Bankers Association survey, despite industry-wide declines. Why are they so optimistic?
- Article from:
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US Banker
- Article date:
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June 1, 2008
- Author:
- Malakian, Anthony
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With many big banks cutting back mortgage lending for single-family homes, Main Street banks are looking to gain ground in their local communities by grabbing the business left on the table.
City Bank of Lynnwood, WA, has seen several larger competitors pull back on the real-estate reins in the Northwest over the past year, such as Royal Bank of Canada, First Horizon, KeyCorp and Washington Mutual, which alone closed 86 home-loan centers and laid off 3,000 workers in April.
Citys CEO Conrad Hanson considers all this retrenchment a golden opportunity for his $1.3 billion-asset bank, which has grown its real-estate lending from $478 million in 2003 to $1.1 billion in ...
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IBAA LAUNCHES ONLINE NETWORK FOR COMMUNITY BANKERS
PR Newswire;
October 4, 1995 ;
525 words
......Independent Bankers Association of America...network for community bankers nationwide...Independent Bankers Association had launched...community bankers to communicate...discussion forums. Community bankers are anticipating...
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A letter to community bankers
Hoosier Banker;
February 1, 1997 ;
Hudson, Barry; Schrecongost, James R;
551 words
......American Bankers Association's Community Bankers Council...year's ABA Community Bankers Council comprises...American Bankers Association is on top...Independent Bankers Association of America and America's Community Bankers, will be...
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Community Bankers Association of Kansas: Looking at the future of...
Bank News;
August 1, 1999 ;
Wild, Laura;
335 words
......Phil Barber at the Community Bankers Association of Kansas' (CBAK...information on the future of community banking in Kansas...of the Independent Community Bankers Association and chairman and president...2000 compliancy. "Community bankers are the ...
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COMMUNITY BANKERS SEEK CHANGES IN OKLAHOMA INTERSTATE BANKING LAW
The Journal Record;
July 25, 1986 ;
LOU ANNE WOLFE;
787 words
......members of the Community Bankers Association o f Oklahoma...said the community bankers question...favored by the community bankers "until we...Oklahoma Bankers Association. "The reason...said. The Community Bankers Association does ...
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Community Bankers claim branch victory
The Journal Record;
February 3, 1999 ;
Gregory Potts Journal Record Staff Reporter;
663 words
......State Bank and the Community Bankers Association of Oklahoma prevents...a request from the Community Bankers Association and Spiro State Bank...State Bank and the Community Bankers Association filed an appeal to...
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Community Bankers Conference popular among Midwest bankers
Northwestern Financial Review;
January 31, 1998 ;
Bengtson, Tom;
274 words
......probably not attending the American Bankers Association's national Conference for Community Bankers, being conducted in Palm Desert, Calif...members of both ABA and the Independent Bankers Association of America, need to make a difficult...
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Kansas community bankers 'surf to success' at Lake of the Ozarks
Bank News;
August 1, 2002 ;
Poquette, Bill;
511 words
......according to Independent Communty Bankers Association Chairman A. Pierce Stone, but...Reporting to members of the Community Bankers Association of Kansas at their annual convention...who is president of Virginia Community Bank, Louisa. With a hotly...Overland Park, Kan., reminded the ...
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Community bankers face competition
Hoosier Banker;
March 1, 2002 ;
Anonymous;
142 words
......the American Bankers Association Banking journal...40 percent)of community bankers say online banking...Administration loans. Many community bankers also report that...their fellow community bankers. To read the...
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Community Bankers Association of Oklahoma President/CEO Elected to ICBA...
US Fed News Service, Including US State News;
June 24, 2008 ;
239 words
...The Independent Community Bankers of America issued the following news release...Mortgage, a subsidiary of the Independent Community Bankers of America (ICBA), has elected Craig Buford, president and CEO of the Community Bankers Association of Oklahoma (CBAO), to its board of ...
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Delivering More for Community Bankers
Hoosier Banker;
December 1, 2007 ;
Yingling, Edward L;
701 words
......American Bankers Association and America's Community Bankers is that of...influential Community Bankers Council...America's Community Bankers Council will...Conference for Community Bankers. Valued by...than 450 community bankers (1,400 ...
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Brown to chair ABA Community Bankers Council
Bank News;
December 1, 2003 ;
Anonymous;
160 words
......has been appointed chair of the American Bankers Association Community Bankers Council. Brown will lead a council of 100...committee for five years. An ABA affiliate, Bankers' Association for Finance and Trade, has named Gory N...
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